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TRON

TRXBTC Breaking Up From Weekly TriangleThe weekly chart on TRX is starting to look really bullish. Nice bottom signal and the indicators look good too. We're also breaking out of this tightly wound triangle which could potentially signal the end of the 4 year bear market. It looks like minimum target against BTC is 323 sats for the smaller triangle, but it could go significantly higher than that if we get a full breakout from the long-term triangle, which seems pretty likely. Justin Sun has been making big moves by becoming Ambassador to the WTO for Grenada. Wouldn't be surprised to see some small countries adopting TRX as an official currency, similar to what El Salvador did with BTC. Also regulations will likely improve in the US this year which could help drive the price of TRX and many other cryptocurrencies and remove much of BTC and ETH's regulatory advantage.
Long
by Intuit
TRON (TRX) - January 17Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSD 1W Chart) Above 0.04413840 point: Expected to create a new wave. If the price is maintained above the volume profile section formed near the 0.04413840 point, it is expected to continue the upward trend in the mid to long term. However, in order to continue the uptrend, it must break out of the downtrend line. If it fails to rise above the 0.07500028 point, there is a chance that it will fall near the 0.04413840 point, so trade cautiously. ------------------------------------- (TRXBTC 1W Chart) Over the 259 Satoshi-318 Satoshi section: Expected to create a new wave. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
BINANCE:TRXUSD
by readCrypto
TRXUSDT, Buy zone activated, what happen now ???Hello everybody Its about a long time that we will wait that all of our 3 buy zone area activated after that we wanna publish new update. According to the chart you can see all of our buy zone area was activated, and we reduce our average purchase, we expect the price because of the supporting in support zone area and because of the condition of market that will happend today (if you dont know about economy analysis you can check our last analysis of BTCUSDT in profile) the price can move upwards toward first resistance zone that we shown on chart. The community of tron is becoming better than today in next 3 months later because of the program and road map they have. Good Luck Abtin Previous analysis :
Long
by Abtin00
TRX (TRON) WILL BREAK RECENT LOWTRX (TRON) will break recent low and after that where it can go this is confusing for now because i can see 2 alt count. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans. #TRX #TRON
KRAKEN:TRXUSDShort
by anantadhungana
LONG TRXUSDT | Risk / Reward: 3 This will only be a technical analysis. The Chart seems to shows us a "M" pattern that is spreading among the time. If this was true, we would be in the down side of the "M" pattern and would bring an opportunity to make a long position. Furthermore the RSI is pretty low, this comfort a long trade signal. Position settings Entry Price: 0.07717 Target Profit: 0.09761 Stop Loss: 0.07035 Potential Profit: 26.49% Ratio Risk / Reward: 3 I am also curious to earing your opinion too. Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!
Long
by chuplein
TRON - TRX - Double bottom - Position - Long-termA double bottom is formed following a single rounding bottom pattern which can also be the first sign of a potential reversal. Rounding bottom patterns will typically occur at the end of an extended bearish trend. The double bottom formation constructed from two consecutive rounding bottoms can also infer that investors are following the security to capitalize on its last push lower toward a support level. A double bottom will typically indicate a bullish reversal which provides an opportunity for investors to obtain profits from a bullish rally. After a double bottom, common trading strategies include long positions that will profit from a rising security price. $TRON $TRX
BITFINEX:TRXUSDLong
by ferGOD
2